Very interesting video about SpaceX and how they purchased a very small village called Boca Chica for their original space port.
This has to be the best factory tour of Tesla I have ever seen. Best of all its very information and runs through a lot of different parts of the factory.
Well worth a watch.
Waymo at present has a private valuation that is twice as high as Tesla.
How can this be?
Margins! Tesla is focused on the full production of the car where Waymo is focused purely on the underlying technology with self driving cars. Thus, Waymo will have a Gross Margin that is extremely high in comparison to Tesla.
Eric Schmidt talked about this a lot. How Google and its products always wanted to be focused on providing the technology sub stack instead of the full product as it keeps margins at a high level and thus maximising value.
Soundcloud and other music streaming services dont pay per play. The payment model is based on a pro-rata model, which means it has a huge number of factors such as country, type of account, marketshare and many more.
From 100k plays on Soundcloud you can possibly expect to make around $100 at best. But that is also if all those plays are monetizable plays.
Google Music is scheduled to close down later this year around (September or October). Google Music has been an outstanding product, but it seems as though it hasn’t got as much traction as they wanted and they are merging it with YouTube Music and will put all their efforts behind the YouTube Music initiative.
It’s not required.
Copyright for music is technically given automatically when you create the track. You don’t have to register it with any organisation across the world to “get the copyright”.
Thus, after creating a track I would look to release the track on YouTube, Soundcloud and into all music streaming services (which you can do for Free via RouteNote).
Technically you can try to add other people’s TikTok videos to your YouTube channel and try to earn money. Over time the aim of the YouTube system is to give those royalties to the correct copyrights holders, so they would need to add their music to YouTube Content ID to claim those royalties.
Elon Musk isn’t the best public speaker in the world and sometime he finds it very difficult to get the words from his head and out of his mouth before he his thinking about the next thing to say (which actually is exactly what I have a problem with).
However, in this video Elon explains rocket science in such a simple way that even the average person can start to understand some basics.
Rocket Science 101!
Warner Music Group is going live on the NASDAQ today. Warner are offering 77 million class A shares at $25 a share. If Warner opens up at $25 per share that means they will have a $12.8 billion valuation.
It’s going to be very interesting to see if investors have an appetite for music companies again.
Underwriters for the new offering include Morgan Stanley, Credit Suisse, and Goldman Sachs. Ticker symbol will be WMG.
Warner Music Group has an amazing catalogue, but I’m very keen to learn more about their recent investments and what other industries they think they can enter, because doing the old record label model just isn’t going to gain enough growth over the next 20 years.
YouTube have recently changed their rules for YouTube MCN’s which means that all channels within the MCN’s need to be part of the YouTube Partner Program before they become eligible to be added to the MCN’s.
YouTube have been frequently changing the rules for MCN’s which is leaving a lot of channels up against it.